Is the Volkswagen Jetta a Joint Venture Car?
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After becoming independent, the Jetta brand still belongs to Volkswagen, so the models launched under the Jetta brand are still joint venture cars. Here is more information about the Jetta brand: 1. A joint venture car, as the name suggests, is a project jointly established by Chinese and foreign investors. The Chinese side provides capital and land use rights, while the foreign side provides production technology. In reality, the core technology of car production is still controlled by the foreign side. 2. Volkswagen's biggest advantage lies not only in meeting the product needs of car buyers but also in its extensive range of sub-brands, catering to a wide consumer base. Those who prefer a stable and universally appealing design can choose the Volkswagen brand, while those who favor more youthful designs can opt for the Skoda brand. 3. Since its independence, Jetta has launched three models: the VS5, VS7, and VA3. The biggest advantage of Jetta cars is their cost-effectiveness. Although it has become an independent brand, the exterior and interior designs still follow Volkswagen's family style, and the car prices are lower than those of Volkswagen models.